Budget 2026: A Boost for Manufacturers & Exporters
- Category: Others
- Date: 05-02-2026
The UnionBudget2026 is out, and it’s all about "Ease of Doing Business."
Key highlights for the indirect tax landscape:
GST Simplification: Post-sale discounts no longer require a pre-existing agreement—a huge win for commercial flexibility.
Customs Relief: Personal import duties slashed from 20% to 10%. Plus, 17 cancer drugs and rare disease medicines are now fully exempt from Basic Customs Duty.
Export Push: Exporters now have 12 months (up from 6) to use duty-free inputs.
Liquidity Support: Provisional refunds (90%) extended to the Inverted Duty Structure, freeing up working capital for manufacturers.
A pragmatic budget focused on trust and transparency. ?
Budget2026 GST Customs IndianEconomy TaxReform Manufacturing saurabhdixit